CMB Group 66: The Swexan Hotel Grand Opening!June 22, 2023
The 22-floor hotel features The Babou nightclub (located in the basement), Stillwell’s Steakhouse (on the seventh floor), and a Moroccan-themed rooftop pool/restaurant area. The Swexan is the first hotel to open in the Harwood District.
CMB and our affiliate NHK Capital Partners have collaborated on several projects located in this 19-block area of Dallas being developed by Harwood Development Company. Today, this district developed by Harwood International now contains more than 5 million square feet of class AA office, residential, and retail space.
The CMB Group 66 partnership was open for subscription in 2018. It includes immigrant investors from 19 different countries. Group 66 provided a loan of $27.5 million dollars to finance the construction of the hotel.
Read more about the Swexan Hotel, and see some amazing pictures, on dallasnews.com: